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we do not have a deficit right now. we have the opposite of a deficit right now. as of june the u.s. government was taking in $117 billion more that month than it was putting out. we are not in the red, we are in the black. this is the largest june budget surplus ever recorded in the history of the united states of america. but still, a thousand florida national guardsmen are not filling sandbags one day a week every week indefinitely even through storm season because congress panicked about that budget deficit that we do not have. and the deputy manager of the program to land this drone on the "u.s.s. george h.w. bush" says he is furloughing in place on the aircraft carrier while the drone is finally completing its historic landing. this is basically how it goes in the nonsense hold that we call the american congress right now. in that nonsense hole, house republicans find themselves digging deeper and deeper and deeper with no real plans on how to get out. i, though, have an idea for how to help them. do you remember the big deal in washington right now is that
we do not have a deficit right now. we have the opposite of a deficit right now. as of june the u.s. government was taking in $117 billion more that month than it was putting out. we are not in the red, we are in the black. this is the largest june budget surplus ever recorded in the history of the united states of america. but still, a thousand florida national guardsmen are not filling sandbags one day a week every week indefinitely even through storm season because congress panicked about...
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Jul 9, 2013
07/13
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we have four consecutive trillion dollar deficit the worst deficits in the history of our country. we are now about to rush through the $17 trillion mark in total debt. we are not a country that can afford to stay on this path. we are not a country that can afford to allow into our nation immigrants who are going to be tax consumers rather than tax producers. when you have the pick of hundreds of millions of people around the world, we should be smart and we should have a smart immigration policy that brings in people who are going to be tax producers. not tax consumers. that's going to help us with our deficit situation, tep us with our accumulated debt, and hopefully reduce or minimize the risk of an american tradgity that tragedy being a debit dating insolvency and bankruptcy of our great nation system of in that veen, our foreign policy, our immigration policy should focus on those who are going to come here and produce more revenue then they're going to consume. i'm for allowing immigration into the united states of america. it's a cherished privilege, it's a historical fact o
we have four consecutive trillion dollar deficit the worst deficits in the history of our country. we are now about to rush through the $17 trillion mark in total debt. we are not a country that can afford to stay on this path. we are not a country that can afford to allow into our nation immigrants who are going to be tax consumers rather than tax producers. when you have the pick of hundreds of millions of people around the world, we should be smart and we should have a smart immigration...
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Jul 10, 2013
07/13
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we did it in 2005 under the ccra anchts the deficit reduction reduction act. senator harkin's appropriations committee has made changes to the eligibility rules to the pell grants each of the past several years outside of the higher education authorization, including the elimination of summer eligibility, ability to benefit, and lower of the automatic enrollment for low-income students. i mean, it -- it's just not fair to come and say, to me, that i'm doing an outside higher reauthorization. there is a track record continually of the person that accused us of doing it of doing it himself, of let me say that he is accurate. i'd be happy to yield. mr. manchin: if i could, i want to thank the good senator for working in such a bipartisan manner. this bill haif this bill has bed as belonging to one party or the other, it is wrong. we sat down together, senator cobun, senator a aalexander, senator burr, and we had senator carperrer and looked at how we could fiction something. this deadline hit, we knew one year ago when we extended it, they said it was a political
we did it in 2005 under the ccra anchts the deficit reduction reduction act. senator harkin's appropriations committee has made changes to the eligibility rules to the pell grants each of the past several years outside of the higher education authorization, including the elimination of summer eligibility, ability to benefit, and lower of the automatic enrollment for low-income students. i mean, it -- it's just not fair to come and say, to me, that i'm doing an outside higher reauthorization....
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any deal on interest rates should not reduce the deficit on the backs of students. we should not trade national debt for student debt. and number two, we need to keep in place an interest rate cap, an interest rate cap as a key consumer protection to shield students from exorbitant rates in the future. now, i have the highest respect for our president. i served with him here. he was on our committee. i only wish that perhaps they had talked to us a little bit before they came out with their proposal. president obama came out with a proposal on student loans. the first president since 1958, first president, not democratic president, first president, democrat or republican, to propose going from a 91 t-bill date to a ten-year treasury note. no other president suggested that. secondly, no president since 1958, no president, has advocated removing the cap. president obama in his proposal proposed removing the cap. well, i believe it's safe to say that our caucus said no, we're not going to do that. we're not going to lift this key consumer protection of having an intere
any deal on interest rates should not reduce the deficit on the backs of students. we should not trade national debt for student debt. and number two, we need to keep in place an interest rate cap, an interest rate cap as a key consumer protection to shield students from exorbitant rates in the future. now, i have the highest respect for our president. i served with him here. he was on our committee. i only wish that perhaps they had talked to us a little bit before they came out with their...
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quite frankly, i think the biggest issue facing our country continuing to run trillion dollar deficits year year and while it will dip a little bit there year because increase which i didn't support and sequestration two-thirds of andatory spending, fad -- food stamps tripling in 10 years, if -- n't get criminal control of what has gone from ne-third to two-thirds of our budget is the greatest challenge. i'm not at the center of those the judiciary ay committee has control over constitution the and i have felt a long time that we should have a constitutional limiting the ability of the federal government to borrow money requiring the its budgetto balance except in times of national emergency. most important issue in my opinion facing our government. immigration reform is a major judiciary efore the committee and i'm excited about the opportunity to work on this. when the democrats were in the committee and in the house and in the senate and for his dent obama first two years, they did nothing about immigration reform. i'm pleased that we are working on it and pleased that we are in the
quite frankly, i think the biggest issue facing our country continuing to run trillion dollar deficits year year and while it will dip a little bit there year because increase which i didn't support and sequestration two-thirds of andatory spending, fad -- food stamps tripling in 10 years, if -- n't get criminal control of what has gone from ne-third to two-thirds of our budget is the greatest challenge. i'm not at the center of those the judiciary ay committee has control over constitution the...
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Jul 12, 2013
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first four years of the president's administration we had over a trillion dollars deficit at it every single year more than ever before. .. we're going to be working on the. i know chairman lucas will be working on that in his committee so we can positively move a bill through the house of representatives that deals actively with food stamps and gives folks the kind of respect that they need and helps those who are most needy. we will do it in a way that incorporates the kind of fundamental principles that have continued to make america a great nation. if we are unable to get that done it's important for the american people to know because they hurt a lot of things yesterday that was in the country. that automatic spending, that mandatory spending continues. nobody is going to lose their food stamps because of the action in congress yesterday. >> host: congressman tom price republican of georgia, the sixth district is his home turf. is vice chairman of the budget committee. reading, pennsylvania, bill is joining us. >> caller: hello how you doing? i watch you guys very much because i'
first four years of the president's administration we had over a trillion dollars deficit at it every single year more than ever before. .. we're going to be working on the. i know chairman lucas will be working on that in his committee so we can positively move a bill through the house of representatives that deals actively with food stamps and gives folks the kind of respect that they need and helps those who are most needy. we will do it in a way that incorporates the kind of fundamental...
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Jul 14, 2013
07/13
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anyone wants to pass immigration legislation that would increase in gdp of the country, cut the budget deficit, in fact, raise the wages of all americans and restore some sort of energy to the country. we are an aging population. george w. bush, to his credit, has been enormously circumspect as a former president. republican they want to look at this. votet 40% of the hispanic when he won reelection in 2004. that is something republicans can only dream about. >> charles? >> interesting, this newfound respect for george bush, now that he agrees with my on immigration. that was something that was rather lacking for the last 13 years, but that is just an aside. >> are you happy to see him? >> i liked him before you were ready to rehabilitate him. >> [laughter] >> where was i? >> your aside. >> i will mention one>> are youm the bill. the cbo estimates of the bill, if passed, in 10 years, will have 8 million new illegal immigrants. what problem have assault? >> the conservative estimates is nothing youe can do to forecast accurately. a lot depends on the economy on the border. right now, we are doi
anyone wants to pass immigration legislation that would increase in gdp of the country, cut the budget deficit, in fact, raise the wages of all americans and restore some sort of energy to the country. we are an aging population. george w. bush, to his credit, has been enormously circumspect as a former president. republican they want to look at this. votet 40% of the hispanic when he won reelection in 2004. that is something republicans can only dream about. >> charles? >>...
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and if you want to cut the deficit, there are other ways to do it and the cbo says there's no deficit reduction the first ten years and unemployment will be elevated until 2020. look it up, governor. >> -- respected conservative, but -- >> thank you very much. i feel something bad is coming after that, though. >> the tea party, there is a political side to this. here's the utmost politician. the republican party is going to become a minority party. maybe all those tea party republicans in the house will keep their seats. but you're going to continue to lose presidential elections. you're going to lose the hispanic voter even more than you did in the last election. and it's political suicide what you're doing. >> what happened after 1986 that reagan signed? did the republican share of the latino vote go up? >> it did. >> it didn't. h.w. went down. h.w. went down. >> george went up. >> -- amnesty -- >> issues change, and this is a gateway voter. this is a gateway issue for latino voters. >> let me get a break in here. we'll come back and talk a little more about the political reaction t
and if you want to cut the deficit, there are other ways to do it and the cbo says there's no deficit reduction the first ten years and unemployment will be elevated until 2020. look it up, governor. >> -- respected conservative, but -- >> thank you very much. i feel something bad is coming after that, though. >> the tea party, there is a political side to this. here's the utmost politician. the republican party is going to become a minority party. maybe all those tea party...
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we did in 2005 under the deficit reduction act. senator harkin's appropriations committee has made changes to eligibility rules each of the past several years outside of the higher education authorization, including the ability to seek benefits and lowering of the automatic enrollment for low-income students. it is just not fair to say that i am doing this outside of the higher education reauthorization when there was a track record continually of the person that accused us of doing this who did this himself. let me just say, if i could, i want to thank the senators for working on this together. i think this is truly a bipartisan bill. it has been described as belonging to one party or the other and i think the senator from north carolina and senator coburn and myself and we have looked at basically how we can fix something. we look at the standpoint and they said it was a political atmosphere and we had to extend it. we knew that you would come. like everything else, nothing gets done at times. it has to be fixed. and if you want
we did in 2005 under the deficit reduction act. senator harkin's appropriations committee has made changes to eligibility rules each of the past several years outside of the higher education authorization, including the ability to seek benefits and lowering of the automatic enrollment for low-income students. it is just not fair to say that i am doing this outside of the higher education reauthorization when there was a track record continually of the person that accused us of doing this who...
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Jul 14, 2013
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if you want to cut the deficit, there are other ways to do it. the cbo said there's no deficit reduction the first ten years. look it up, governor. >>. >> thank you very much. >> the tea party, there's a political side to this. and here's the most politicians. the republican party is going to become a minority party. maybe all of those two-party republicans in the house will keep their seats. but you're going to continue to lose presidential elections. you're going to lose the hispanic voter even more than you did in the last election. and it's political suicide what you're doing. >> what happened after the -- did the republicans share the latino vote go up with president reagan? >> yes, it did. >> george h.w. it went down. >> issues change. this is a gateway. senator mccain said, this is a gateway issue for latino votes. >>> we'll come back and talk a little bit more about the political reaction to the zimmerman verdict. ings. and right now we've got everything you need for a great summer. this 5-piece dining set on clearance, save over $49! mar
if you want to cut the deficit, there are other ways to do it. the cbo said there's no deficit reduction the first ten years. look it up, governor. >>. >> thank you very much. >> the tea party, there's a political side to this. and here's the most politicians. the republican party is going to become a minority party. maybe all of those two-party republicans in the house will keep their seats. but you're going to continue to lose presidential elections. you're going to lose the...
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Jul 11, 2013
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commentary before the crisis with the idea that capital inflows we were seeing related to the trade deficit but also international demand for dollar reserve was the destabilizing factor in making conditions easier than they otherwise would have been but to look at the european relationship but again it was a demand for safe assets which at the time the insufficiency of safe assets. . . this is our total purchases, which are pretty small share. woodenly by this, we will pay for this with bank reserves. i do not think their asset purchases are significantly affecting us. especially when it comes to liquidity policy. >> women ask about the creative policies over the last few years. we are taking actions that are at the edge of traditional independent challenges it comes on the macro credentials side. >> well, that's kind of a political question that i'm not sure i can do justice. and there are good reasons to have monetary policymaking. we all understand those reasons having to do with avoiding short run political intervention in monetary policy. but in many of the other activities, for exampl
commentary before the crisis with the idea that capital inflows we were seeing related to the trade deficit but also international demand for dollar reserve was the destabilizing factor in making conditions easier than they otherwise would have been but to look at the european relationship but again it was a demand for safe assets which at the time the insufficiency of safe assets. . . this is our total purchases, which are pretty small share. woodenly by this, we will pay for this with bank...
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Jul 9, 2013
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you know, students have already contributed billions to deficit reduction. but the problem is senate republican leader has insisted all other proposals that we balance the budget on the backs of struggling students and their families, and so far they have refused to put the interest of students and tomorrow's middle class ahead of tax code spending that benefits the wealthy. what they've introduced is a bill that includes no cap on how high student loan rates could go, something c.b.o. tells us will mean students could be locked in at rates over 8% in just a few short years. and in fact, it would be better to absolutely do nothing now than to take up and pass the republican bill. you know, i bet everybody listening knows a family member or a coworker who is up to their neck in student debt. it is a weight that keeps them from helping to grow our economy or start a family or take risks with their careers. and it's a weight that is not easily shed. we can't continue to do this, to generation after generation of college students and expect to be able to compete
you know, students have already contributed billions to deficit reduction. but the problem is senate republican leader has insisted all other proposals that we balance the budget on the backs of struggling students and their families, and so far they have refused to put the interest of students and tomorrow's middle class ahead of tax code spending that benefits the wealthy. what they've introduced is a bill that includes no cap on how high student loan rates could go, something c.b.o. tells us...
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it helps our deficit problem as well. the only other point i want to make is this. some are comparing this bill to the president's health care bill. nothing could be further from the truth. i supported this president's health care bill, and i still do, but that was basically a democratic effort. it had no republicans have been. mccain and schumer would not be standing here together in favor of the aca. and this bill has very broad support. it's bipartisan. it has the support on the health care bill business and labor were split. business and labor united here. we have evangelicals. we have the agriculture community, both growers and workers. and so to say that this is just like the president health care bill, nothing could be further from the trees. this is just what america wants us to do. work together in a bipartisan way to move forward. so those extreme opponents come they keep coming up with new reasons to oppose the bill. one of their latest is all, our bill is 1000 pages and complicated. well, from what i understand, the bill so they're putting together and t
it helps our deficit problem as well. the only other point i want to make is this. some are comparing this bill to the president's health care bill. nothing could be further from the truth. i supported this president's health care bill, and i still do, but that was basically a democratic effort. it had no republicans have been. mccain and schumer would not be standing here together in favor of the aca. and this bill has very broad support. it's bipartisan. it has the support on the health care...
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Jul 8, 2013
07/13
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it will increase the deficit. back in january i predicted that the obama administration would not have these exchanges ready on time, and what they just admitted is that they won't have the anti-fraud measures ready on time, but they said, who cares. we'll just blow the doors open. leave the federal treasury open. let people claim subsidies i will legitimately. you remember in the home stretch before president obama passed obama care president obama swore up and down that he would fight for health care. he said he would eliminate every instance of health care fraud in the government. the worst part is, he doesn't have the authority to do this. >> i want to get to that in a minute. i want to ask one quick follow-up. regarding the lack of income documentation for ineligibility, this is so much like the housing crisis of years ago it's unbelievable because then liar loans were handed out with no income and no documentation. why is this any different, michael cannon? this is the health care version of the housing bubb
it will increase the deficit. back in january i predicted that the obama administration would not have these exchanges ready on time, and what they just admitted is that they won't have the anti-fraud measures ready on time, but they said, who cares. we'll just blow the doors open. leave the federal treasury open. let people claim subsidies i will legitimately. you remember in the home stretch before president obama passed obama care president obama swore up and down that he would fight for...
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everyone who looks at this thinks this will add tax, social security revenue and decrease our deficit over a 20-year period and, uh-uh know, it is tragic to think about 11 plus million people living in the shadows of this country, a country of immigrants. i'm a daughter of immigrants. and good luck. >> so tragic. it's so tragic. >> i think we'll do just fine in the next presidential election and senate elections. it's so tragic, the president in 2008 and 2010, he had 60 senators and huge majorities in the house. did he move the immigration bill to deal with this pressing problem, this tragedy? i missed that. >> go ahead, congresswoman. >> i'm talking about the issue. i'm in my nonpartisan role as head of the wilson center, by the way. i think it's not a partisan issue. it's fundamental to american values and what we are as a country. >> all right. we did at least get a disagreement. not quite the players i thought, but in any case, thank you. >>> we have to take a break here. when we come back, edward snowden now asking russia for political asylum. our panel tackles how to bring the n
everyone who looks at this thinks this will add tax, social security revenue and decrease our deficit over a 20-year period and, uh-uh know, it is tragic to think about 11 plus million people living in the shadows of this country, a country of immigrants. i'm a daughter of immigrants. and good luck. >> so tragic. it's so tragic. >> i think we'll do just fine in the next presidential election and senate elections. it's so tragic, the president in 2008 and 2010, he had 60 senators and...
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if you want to reduce the deficit, investing in education. thank you very much. >> the house today approved a farm bill by a vote bill2126- 216-208. opposed theucus farm bill and launched a protest. here is that debate. >> further embellishments will result in a deduction of time from the yielding member. ther. speaker, i yield to gentleman from florida, mr. hastings for unanimous consent. >> i ask unanimous consent to revise and extend my remarks in very strong opposition to the farm bill and underlying bill because it takes the safety net away from american families. >> without objection, the time is charged. >> i yield to the gentleman from new york. >> thank you. i ask unanimous consent to revise and extend my remarks in strong opposition to the farm bill rolen the airline bill because it hurts america's children. correct -- rule and the underlying bill because it >> mr. speaker, and ask unanimous consent to revise my remarks. >> without objection. >> the gentleman from massachusetts. >> i yield to the gentlewoman from florida. >> i ask u
if you want to reduce the deficit, investing in education. thank you very much. >> the house today approved a farm bill by a vote bill2126- 216-208. opposed theucus farm bill and launched a protest. here is that debate. >> further embellishments will result in a deduction of time from the yielding member. ther. speaker, i yield to gentleman from florida, mr. hastings for unanimous consent. >> i ask unanimous consent to revise and extend my remarks in very strong opposition to...
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everyone who looks at this thinks this will add tax and social security revenue, adds and decrease our deficit over a 20-year period -- >> chris: "wall street journal" talks about how it's going to increase growth. >> you know, it's tragic to think about 11-plus million people living in the shadows of this country, a country of immigrants, i'm a daughter of immigrants. good luck during a presidential election -- >> i think we'll do fine in the next presidential election and senate elections in 2014. it's so tragic. the president of the united states had 60 senators and huge majorities in the house. did he move a immigration bill to deal with the pressing this problem, the tragedy of these people in the shadows? i missed that, missed president obama doing anything about immigration. >> chris: go ahead. >> i'm talking about the issue. i'm in my nonpartisan role as head of the wilson center, folks. immigration is not a partisan issue. it's fundamental to american values, what we are as a country. >> chris: all right. we did at least get a disagreement. not quite the players i thought, but in any
everyone who looks at this thinks this will add tax and social security revenue, adds and decrease our deficit over a 20-year period -- >> chris: "wall street journal" talks about how it's going to increase growth. >> you know, it's tragic to think about 11-plus million people living in the shadows of this country, a country of immigrants, i'm a daughter of immigrants. good luck during a presidential election -- >> i think we'll do fine in the next presidential...
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we've also seen that it will lower our deficits by $850 billion over the next 20 years, and because of the influx of younger workers and more undocumented workers paying payroll taxes, we've seen it will actually increase the solvency of social security by two years, and i think you have to look what else is in this bill. this bill brings in new visas for people doing startups, who are creating jobs. it conditions the visa on them being able to create jobs, that creates jobs for people here. the studies overwhelmingly show that for native existing workers, this immigration is almost always a good deal. this even shows that over 20 years wages would go up half a percent for the economy as a whole, so i -- i think, you know, it's very interesting. you often have me on the show replying to paul ryan or grover norquist or douglas holtz eakin. this is something where those leading republican budget and economic experts and someone like myself are in complete agreement. we agree that common sense immigration reform is a win for economy, a win for growth and win for deficit reduction. >> a lo
we've also seen that it will lower our deficits by $850 billion over the next 20 years, and because of the influx of younger workers and more undocumented workers paying payroll taxes, we've seen it will actually increase the solvency of social security by two years, and i think you have to look what else is in this bill. this bill brings in new visas for people doing startups, who are creating jobs. it conditions the visa on them being able to create jobs, that creates jobs for people here....
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here's a chart that shows america's trade deficit. and energy, imported energy comprises the largest account. we haven't had a balanced trade deficit since the 1970's when the job hemorrhage started in this country. and it gets worse every year. america's future depends on innovation. we can't continue to live like this. every community you go to in this country, they say, well, we have to move somewhere because my child can't find a job or, gosh, i had to get another job and i had my salary cut in half. it's pretty obvious what's been happening. the major category of trade deficits is energy imports. energy. because we are not self-sufficient in energy production in this country. part of the answer lies in new energy systems. systems that even nasa has helped us to begin to invent. yes, in the solar fields. yes, in new hydrogen technologies like cryogenic hydrogen. yes, in natural gas. thank goodness the department invested in fossil fuel technologies. that's where the fracking technologies came from. it came from thinking about the
here's a chart that shows america's trade deficit. and energy, imported energy comprises the largest account. we haven't had a balanced trade deficit since the 1970's when the job hemorrhage started in this country. and it gets worse every year. america's future depends on innovation. we can't continue to live like this. every community you go to in this country, they say, well, we have to move somewhere because my child can't find a job or, gosh, i had to get another job and i had my salary...
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. >> all the folk want is a piece of a sound bite at home to say they believe in deficit reduction. >> they made a clear choice to protect generous subsidies for agricultural corporations at the expense of the hungry and working poor. >> this is not some little club. we are the congress of the united states of america. the most powerful nation on this planet. and we can take care of all of the people. >> this is the lowest of the low. when we can't pass this, you know, ladies and gentlemen, they can't run the house. >> the only thing that this house will do when it votes today is defeat starving children. >> you are taking food out of the mouths of your own poor constituents. >> hr-2642 is a deadbeat majority's proposal. >> enough already. >> enough is enough. >> vote no. >> time has expired. >> vote no. vote no. vote no. it is ridiculous what you're doing to our children. >> every single democrat in the house did vote no today. along with 12 republicans, but that was not enough to stop the republicans' stripped down farm bill. it passed by an eight-vote margin, 216-208. the last vers
. >> all the folk want is a piece of a sound bite at home to say they believe in deficit reduction. >> they made a clear choice to protect generous subsidies for agricultural corporations at the expense of the hungry and working poor. >> this is not some little club. we are the congress of the united states of america. the most powerful nation on this planet. and we can take care of all of the people. >> this is the lowest of the low. when we can't pass this, you know,...
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why that will boost the economy and cut the deficit. adam: we are guessing that lou dobbs has a little to say about this. adam: walmart is threatening to walk. possibly canceling plans to build in the nations capital. lori: let's head to the floor of the new york stock exchange. market turning down here as we wait for the feds minute release. even if it were to post again today and be higher than yesterday, it is another record-setting day. we are watching oil which is a key story today. i am watching hewlett-packard very closely. this was a real ladder last year. the analysts are doing 180s as well. citigroup now put a buy rating on hewlett-packard. this comes on the heels of green yesterday. this is why they are turning around. adam: thank you very much. breaking news. crude oil. phil flynn of price futures group is in the trading pits of this cme. >> i would call it a stunning drop in supplies. not only do you have the heating of tensions in the middle east and you have surging demand in the united states. everybody thought in americ
why that will boost the economy and cut the deficit. adam: we are guessing that lou dobbs has a little to say about this. adam: walmart is threatening to walk. possibly canceling plans to build in the nations capital. lori: let's head to the floor of the new york stock exchange. market turning down here as we wait for the feds minute release. even if it were to post again today and be higher than yesterday, it is another record-setting day. we are watching oil which is a key story today. i am...
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at times when americans cry out for action on health care, the economy, the deficit, national security, at a time when challenges form around us that threaten to shape the future, here we are obsessing about the rules of the united states senate and a small handful of judges. at times like this, mr. president, i feel more like an ambassador to a foreign nation than a representative in my own. this episode feeds the cynicism and the apathy that have plagued the american people for too long. it brings this institution and the process that have brought us here into disrepute and low esteem. no wonder so few of our citizens take the time to exercise even the most elementary act of citizenship, the act of going to the polls to vote. very briefly, mr. president, let me say what this is all about.ñ but let me begin by saying what it is most definitely not about. this is not about the precedence and history of this body. it has been interesting to sit silently and observe colleagues on both sides of the aisle make appeals to precedent and history, and both do so with equal passion. history wi
at times when americans cry out for action on health care, the economy, the deficit, national security, at a time when challenges form around us that threaten to shape the future, here we are obsessing about the rules of the united states senate and a small handful of judges. at times like this, mr. president, i feel more like an ambassador to a foreign nation than a representative in my own. this episode feeds the cynicism and the apathy that have plagued the american people for too long. it...
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Jul 11, 2013
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the deficit that exists in china today i think is of very real deficit. i think is an opportunity for u.s. exports. china is looking at this as an opportunity to feed their people, to satisfy the civil issue they have got to solve giving safe food to their people. it is an opportunity to import and export back out to japan. >> they could see their people by opening their markets to the great american pork products that we have and they have chosen -- i understand they would like your brand, it is an excellent brand. one of the concerns or questions i have is whether or not your brand which will be put on chinese pork which has been less than stellar, is going to be a problem for your brand down the road. i wonder if dr. haley and commissioner thune would like to talk about the economics of this. >> as i said before, that shine at or chuan wei bought smithfield is just 3% of chinese production but what happened in other industries which is -- we spent the last five years looking at these industries, higher value-added manufacturing will move to china and b
the deficit that exists in china today i think is of very real deficit. i think is an opportunity for u.s. exports. china is looking at this as an opportunity to feed their people, to satisfy the civil issue they have got to solve giving safe food to their people. it is an opportunity to import and export back out to japan. >> they could see their people by opening their markets to the great american pork products that we have and they have chosen -- i understand they would like your...
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Jul 10, 2013
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it's an opportunity to reduce our deficit and make our government work better. this amendment represents a relatively small change to the bill but i believe it speaks to a larger principle. it will be an inappropriate use of taxpayer money to purchase more cars when so many folks across the country are being forced out of work and so many critical projects sit untouched. i urge my colleagues to support this amendment and i yield back. the chair: the gentleman yields back the balance of his time. for what purpose does the gentleman from new jersey seek recognition? mr. frelinghuysen: i move to strike the last word, mr. chairman. the chair: the gentleman is recognized for five minutes. to relinghuysen: i rise oppose the gentleman from georgia's amendment. the amendment -- his amendment is overly broad and would prevent the department of energy, the army corps of engineers, the bureau of reclamation, the national nuclear security agency, all agencies covered under our bill from leasing our purchasing any new vehicles. i understand my colleague's concerns with the s
it's an opportunity to reduce our deficit and make our government work better. this amendment represents a relatively small change to the bill but i believe it speaks to a larger principle. it will be an inappropriate use of taxpayer money to purchase more cars when so many folks across the country are being forced out of work and so many critical projects sit untouched. i urge my colleagues to support this amendment and i yield back. the chair: the gentleman yields back the balance of his...
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of it than morsi is government did i mean he was running the country on a billion and a half a month deficit using this was a military coup i think it was a military coup that was enhanced and really made possible by the large public opposition against morsi i really do i think that morsi started this fight well as it gets the start to fly a little. the problem i have is if indeed it is not some kind of symbol is brought to this do we now take the muslim brotherhood brotherhood and have them combo up with al qaida and the others in the arena to make this world even less safe than it is today just to take issue with michael's point while a lots of folks in the washington post and others are suggesting that the president has been feckless in the state on the sidelines i do not think it helps the process and i don't think it helps our standing in the region if it seems like this is a coup that we support i think it's incredibly important that the egyptian people who oppose morsi who helped give rise to his ouster that they realize that they're in charge of their destiny we're not in charge of i
of it than morsi is government did i mean he was running the country on a billion and a half a month deficit using this was a military coup i think it was a military coup that was enhanced and really made possible by the large public opposition against morsi i really do i think that morsi started this fight well as it gets the start to fly a little. the problem i have is if indeed it is not some kind of symbol is brought to this do we now take the muslim brotherhood brotherhood and have them...
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Jul 11, 2013
07/13
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fiscal deficit is 510 billion. down from the 504 billion in the same period in the last fiscal year, a decrease of $400 billion. some of that of course caused by the, due to the tax increases that kicked in january 1st on upper income families and for payroll taxes, but budget experts flag ad couple of other things in this surplus this month. for example, revenues were boosted by one-time dividend payments of $59 billion from fannie mae and freddie mac. and another case we saw some moving around of the timing of certain payments that ordinarily would have made in june but were instead moved back to i believe the end of may. so that reduced some of the outlays in june by 34 billion. right there that is $100 billion in deficit reduction alone. tracy and ashley, back to you. tracy: quirky calendar. that sounds quirky to me. you're keeping eye on the senate banking hearings, dodd-frank, right? 3 1/2 years we're into this and we still don't know what the heck is going on. peter, did we lose you? >> i'm here. tracy: what
fiscal deficit is 510 billion. down from the 504 billion in the same period in the last fiscal year, a decrease of $400 billion. some of that of course caused by the, due to the tax increases that kicked in january 1st on upper income families and for payroll taxes, but budget experts flag ad couple of other things in this surplus this month. for example, revenues were boosted by one-time dividend payments of $59 billion from fannie mae and freddie mac. and another case we saw some moving...
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Jul 8, 2013
07/13
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then there's going to be a deficit. the chicks come home to roost after the mid term election. mine is going to be coming in and out and no one will be upset until after the mid terms. >>steve: the government says there will be better verification someday. but right now because they've got to get things going, no verification. be truthful, america. >>brian: 24 minutes before the top of the hour. quick look at the world of sports. patriots fans are done with aaron hernandez. more than 1,200 showed up at the patriots pro shop to trade in their hernandez. shop said they can turn in their jerseys. the team took all hernandez memorabilia off the sh*els. nasp car stars turned in their racing stripes for a hard hat. darrell waltrip was among the driver who raised the massive race. trevor bane won the chance to break ground at the speedway's redevelopment project. congratulations. >>> she may be a wimbledon champion but that doesn't mean she's getting much respect. >> i wonder if her dad did say to her when she was 12, 13, 14 maybe, listen, you're never going to be a looker. >>brian: a
then there's going to be a deficit. the chicks come home to roost after the mid term election. mine is going to be coming in and out and no one will be upset until after the mid terms. >>steve: the government says there will be better verification someday. but right now because they've got to get things going, no verification. be truthful, america. >>brian: 24 minutes before the top of the hour. quick look at the world of sports. patriots fans are done with aaron hernandez. more...
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Jul 10, 2013
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another one was that deficit spending is not bad public policy. a third one, punishment is not a deterrent to crime. and the fourth one -- and this is a big one -- is that government can run our lives better than people can. and that's exactly what we're talking about here. the reason they have been wanting to do this with regulating carbon, i think, is better articulated by a guy that i don't think anyone will argue could be the most knowledgeable scientist in america. his name is richard lindsen with m.i.t.. his quote was that regulating carbon is a bureaucrat's dream. if you regulate carbon, you regulate life. you control life. that's what bureaucrats want to do. that's what the environmentalists want to do in controlling our lives. they want to determine what cars we drive, what kind of houses we live in, how our cities are built, and all of that. and they can do all of this by regulating carbon dioxide. and democrats particularly in the senate have been unsuccessful in passing legislation to accomplish this. this is the key. it was way back d
another one was that deficit spending is not bad public policy. a third one, punishment is not a deterrent to crime. and the fourth one -- and this is a big one -- is that government can run our lives better than people can. and that's exactly what we're talking about here. the reason they have been wanting to do this with regulating carbon, i think, is better articulated by a guy that i don't think anyone will argue could be the most knowledgeable scientist in america. his name is richard...
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Jul 10, 2013
07/13
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this $48 million would be put towards deficit reduction. look, opponents of the amendment are go to go claim this money is necessary for national security, but in fact that could not be further from the truth. in fact the question of the whether or not the united states enrichment corporation is truly vital is being reviewed by the general accountability office which is expected to release a report on both the national security question as well as the economics of sending further taxpayer dollars to the united states enrichment corporation. because the report is pending, t is in the best interest of hard-earned taxpayer dollars we suspend aid until we have more information as to what the company is doing with the money it is receiving. the united states enrichment corporation is so poorly run, last may the new york stock exchange threatened to delist them due to its financial health. articles over the years have documented its financial woes and the near monthly collapse of its stock prices. during the june share holders' meeting, 80% of th
this $48 million would be put towards deficit reduction. look, opponents of the amendment are go to go claim this money is necessary for national security, but in fact that could not be further from the truth. in fact the question of the whether or not the united states enrichment corporation is truly vital is being reviewed by the general accountability office which is expected to release a report on both the national security question as well as the economics of sending further taxpayer...
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Jul 9, 2013
07/13
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the student loan program itself is paying down the national deficit because of the profit the federal government makes. it's time to stop that and make student loans affordable for students and for their families. this congress simply has not done right by students. forcing these students to continue to graduate with an increasing mountain of debt while at the same time they lament the students are graduating with increased debt. that's what the republicans offered, that's why as my colleague from colorado said it was dead on arrival when it went to the senate. it was dead on a bipartisan basis when it went to the senate. the time has come now to defeat the previous question so that we can bring the one-year fix to make sure that students are protected from the doubling of the interest rates that is now occurring because of the inaction by the republicans in the house of representatives. i yield back the balance of my time. the speaker pro tempore: the gentleman from california yields back the balance of his time. the gentleman from colorado reserves. the gentleman from texas is recog
the student loan program itself is paying down the national deficit because of the profit the federal government makes. it's time to stop that and make student loans affordable for students and for their families. this congress simply has not done right by students. forcing these students to continue to graduate with an increasing mountain of debt while at the same time they lament the students are graduating with increased debt. that's what the republicans offered, that's why as my colleague...
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Jul 7, 2013
07/13
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mitt romney did come out ahead of barack obama on the economy and deficit question in the exit polls. so the question is how does the republican party change? does it want to reach out, become more bush-like if you will in terms of outreach to latinos or become more bush-like in its economic policy and message. you might remember bush was actually the compassionate conservative but i think the kind of more libertarian economic message of mitt romney just doesn't appeal to a majority of voters. it won't appeal to downscale whites. >> you're saying the long-term -- you did a chart that laid it out going for the election and white people party election, you are saying they'll get 78% of the white vote and mitt romney getting 59%. reagan got 63 when he ran i in '84. you're saying they could drive it up to 74. >> the interesting thing about the white vote when you control for the economy it's been moving naturally a tick of 1% a year. reagan got 63% of the white vote but running with 7% economic growth at his back. mitt romney came close to that running against an incouple bet with 2% grow
mitt romney did come out ahead of barack obama on the economy and deficit question in the exit polls. so the question is how does the republican party change? does it want to reach out, become more bush-like if you will in terms of outreach to latinos or become more bush-like in its economic policy and message. you might remember bush was actually the compassionate conservative but i think the kind of more libertarian economic message of mitt romney just doesn't appeal to a majority of voters....
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Jul 8, 2013
07/13
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and would boost our economy and make our country safer, reducing the deficit by about a trillion dollars over the next two decades. i remind the speaker there is no shame in passing bills both parties can support. americans want their elected officials to work together to fix the nation's problems. that's what we did in the senate. i promise the formula will work in the house of representatives as well. the speaker should try that. sticking to the hastert rule is preventing the house from passing legislation to reform the ailing postal service. he refused to even take it up last congress. didn't even take it up. sticking to the hastert rule prevented the house from passing a measure that would give brick-and-mortar stores parity. we passed it on a bipartisan vote here, mr. president. i mean it's heartbreaking all over america, i see it in nevada to go by these strip malls and you see these places that if they had the advantage of not having to pay sales tax -- that's what happens on line -- they would be in business. they would go back into business if the online -- the sales tax would h
and would boost our economy and make our country safer, reducing the deficit by about a trillion dollars over the next two decades. i remind the speaker there is no shame in passing bills both parties can support. americans want their elected officials to work together to fix the nation's problems. that's what we did in the senate. i promise the formula will work in the house of representatives as well. the speaker should try that. sticking to the hastert rule is preventing the house from...
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Jul 10, 2013
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. >> the cvo projects the senate bill would cut the flow by up to half and reduce the deficit by $135 billion over ten years. the u.s. chamber of commerce would help to craft the bill is running for and calling for an end to the status quo. all of this begs the question, what exactly is stopping the house gop from embracing comprehensive reform. joining me today, executive vice president of global strategy group and former senior advisor to priorities u.s.a. action, bill burton. new york magazine's jonathan chase and distinguished fellow, bob herbert and joining us from capitol hill is republican congressman, raul labrador. congressman, thanks so much for joining us on a very, very important day. >> great to be on your show, alex. >> congressman, i want to start first with what you have said to the press thus far as far as comprehensive immigration reform. you told the hill today that comprehensive reform, the senate bill, is less likely than it was a month ago. i ask you in this hour, is there any chance that the senate bill can pass the house of representatives? >> there's absolutel
. >> the cvo projects the senate bill would cut the flow by up to half and reduce the deficit by $135 billion over ten years. the u.s. chamber of commerce would help to craft the bill is running for and calling for an end to the status quo. all of this begs the question, what exactly is stopping the house gop from embracing comprehensive reform. joining me today, executive vice president of global strategy group and former senior advisor to priorities u.s.a. action, bill burton. new york...
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Jul 11, 2013
07/13
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and would reduce the deficit by almost $850 billion over 20 years. president obama also called in members of the hispanic caucus. democratic congressman joaquin castro of texas voiced hope for a compromise. >> like us he realizes that effort must be both a republican and a democratic effort. it requires the work and cooperation of both parties and this president is committed to working with not only house democrats, but also house republicans on getting it done. speaker boehner and other party leaders issued a statement refirming they will not take up the senate bill which leaves the focus squarely on the next three weeks. house republicans have said they mean to bring immigration to a vote between now and the month-long recess that begins in early august. for more on the options being considered in the house, we are joined by illinois democrat luis gutierrez, also a member of the judiciary committee, and chair of the congressional hispanic caucus immigration task force. congressman, welcome back to the program. >> thank you, ray. good to be with you
and would reduce the deficit by almost $850 billion over 20 years. president obama also called in members of the hispanic caucus. democratic congressman joaquin castro of texas voiced hope for a compromise. >> like us he realizes that effort must be both a republican and a democratic effort. it requires the work and cooperation of both parties and this president is committed to working with not only house democrats, but also house republicans on getting it done. speaker boehner and other...
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Jul 10, 2013
07/13
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we need to bring deficits down. we need to get our country on a fiscally sustainable path, but we need to do so in a rational way which does not undermine our national security, does not undermine the services of being rendered to the people who are relying on them and that does not send the message to our employees and those whom we need to recruit in the future hat we're a good employer, we're a caring employer, we're an effective employer and you ought to work for us, you ought to work for your country, for your fellow citizens. mr. speaker, we need to go to conference, we need to get rid of the sequester, we need to put america on a rational path to fiscal responsibility and effectiveness and i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the chair recognizes the gentleman from north carolina, mr. coble, for five minutes. mr. coble: i thank the speaker. mr. speaker, benghazi mattered and the american people deserve answers. on the evening of september 11, 2012, terrorist
we need to bring deficits down. we need to get our country on a fiscally sustainable path, but we need to do so in a rational way which does not undermine our national security, does not undermine the services of being rendered to the people who are relying on them and that does not send the message to our employees and those whom we need to recruit in the future hat we're a good employer, we're a caring employer, we're an effective employer and you ought to work for us, you ought to work for...
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Jul 11, 2013
07/13
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CURRENT
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they've been very up-front about their proposals to charge students more in order to pay down the deficit. we think it is outrageous -- in a time where somehow it is not acceptable to tax billionaires to deal with the deficit but we're supposed to tax struggling students who are trying to make ends might who are just trying to get a college degree so they can be productive members of society. >> bill: even at 3.4 or 6.8%, isn't that what we're doing? in effect? we're taxing students to help pay down the debt or elsewhere does that money go? >> well, there are proposals that would peg the rate to the market with a small markup to be able to pay the cost of the program. costs for administering the program. there's costs to cover defaults on the loans. so it is possible to peg the rate to the market in a way that is not really making money off of students. and we think that's what this program should be about. it should be how can we get the maximum number of students, the support they need to go to college in a way that's fair to them covers the cost of the program but isn't seeking to garn
they've been very up-front about their proposals to charge students more in order to pay down the deficit. we think it is outrageous -- in a time where somehow it is not acceptable to tax billionaires to deal with the deficit but we're supposed to tax struggling students who are trying to make ends might who are just trying to get a college degree so they can be productive members of society. >> bill: even at 3.4 or 6.8%, isn't that what we're doing? in effect? we're taxing students to...
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Jul 13, 2013
07/13
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we've always made sure that poverty programs, bipartisan, were left out of deficit reductions and any other strategies to deal with the current spending issues in congress. i think it's a bad policy statement. we're not going to take care of our social safety net. 500 groups, at least, all supporting ranchers and formers said exactly that same thing. these are people who buy the food that ranchers and formers are bringing to america's tables. >> thank you so much. i appreciate your time. you have a good one. >> thank you. you too. >>> edward snowden still camping out in a moscow airport but is he ready to make a move? a live report next. looked nice? soft would be great, but we really just need "kid-proof." softsprings got both, let me show you. right over here. here, feel this. wow, that's nice. wow. the soft carpets have never been this durable. you know i think we'll take it. get kid-friendly toughness and feet-friendly softness, without walking all over your budget. he didn't tell us it would do this. more saving. more doing. that's the power of the home depot. right now, get whol
we've always made sure that poverty programs, bipartisan, were left out of deficit reductions and any other strategies to deal with the current spending issues in congress. i think it's a bad policy statement. we're not going to take care of our social safety net. 500 groups, at least, all supporting ranchers and formers said exactly that same thing. these are people who buy the food that ranchers and formers are bringing to america's tables. >> thank you so much. i appreciate your time....
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Jul 11, 2013
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estimates this bill as written will add $1.3 trillion to the deficit in 2014. at this point i would like to yield one minute to the gentleman from rhode island, mr. cicilline. the speaker pro tempore: the gentleman from rhode island is recognized for one minute. mr. cicilline: this is a shameful day. the house republican leadership has decided again to abandon all efforts to come to a bipartisan agreement on the farm bill. they have launched an attack on the working poor, veterans, children, and seniors who rely on the nutrition program in a desperate attempt to win political points with their conservative base. after an embarrassing, chaotic defeat of their last proposal, they decide to make a bad situation worse. this proposal strips out the entire nutrition title, putting families and children at risk of going hungry. givemade a clear choice to subsidies to corporations at the expense of the hungry and poor. today house republicans are telling hungry children, food banks who he meet the need of their communities. and low-income citizens, their needs don't ma
estimates this bill as written will add $1.3 trillion to the deficit in 2014. at this point i would like to yield one minute to the gentleman from rhode island, mr. cicilline. the speaker pro tempore: the gentleman from rhode island is recognized for one minute. mr. cicilline: this is a shameful day. the house republican leadership has decided again to abandon all efforts to come to a bipartisan agreement on the farm bill. they have launched an attack on the working poor, veterans, children,...
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Jul 11, 2013
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did not do what it claims to do, reduce costs, and creates an additional dragon contributes to the deficit. we also just went through the process of sequestration, something that the president and his administration passed, both the senate and the house to compromise, in the sense if they could not reach acceptable cuts, it will go into effect. it went into effect and as a result the government trimmed its budget by $85 billion. the bill as it stands now that the senate has proposed, i believe the 20,000 border guards, which would not come into effect until i think 2021 would cost at least 40 billion dollars. and i think for republicans, they have to see the trees through the forest. they should not be intimidated by the democratic party, the minority party in the house, and they should not be intimidated by the mainstream media that continues to carry their water. this country desperately needs leadership. what it should say is, we will support immigration but we reject the hundred million dollars from las vegas. there are many things objectionable that i think to both democrats and repub
did not do what it claims to do, reduce costs, and creates an additional dragon contributes to the deficit. we also just went through the process of sequestration, something that the president and his administration passed, both the senate and the house to compromise, in the sense if they could not reach acceptable cuts, it will go into effect. it went into effect and as a result the government trimmed its budget by $85 billion. the bill as it stands now that the senate has proposed, i believe...